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FACE MASK Corp. uses the CAPM to estimate its cost of equity. The treasury bill rate at the time of estimation is 10% with a
FACE MASK Corp. uses the CAPM to estimate its cost of equity. The treasury bill rate at the time of estimation is 10% with a beta of 1.5 and the expected return on the market is 12%. What is the firm's cost of equity? 23% O 25% 21%
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